Global Gas Turbine Engine Market Growth 2025-2031
Description
The global Gas Turbine Engine market size is predicted to grow from US$ 2262 million in 2025 to US$ 3526 million in 2031; it is expected to grow at a CAGR of 7.7% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Power Generation: In the power generation sector, there has been a growing emphasis on energy efficiency and reducing greenhouse gas emissions. Gas turbine engines, particularly combined cycle power plants that integrate gas turbines with steam turbines, have been favored for their ability to produce electricity efficiently and with lower emissions compared to some other power generation technologies, especially coal-fired power plants. The global transition toward cleaner energy sources and stricter environmental regulations has driven the demand for gas turbine-based power generation.
Aviation: The aviation industry has been focusing on fuel efficiency and emissions reduction as a response to both environmental concerns and the need to lower operational costs. Gas turbine engines used in commercial and military aircraft have undergone continuous technological advancements to improve fuel efficiency and reduce emissions, driving the demand for newer, more efficient engine models.
LP Information, Inc. (LPI) ' newest research report, the “Gas Turbine Engine Industry Forecast” looks at past sales and reviews total world Gas Turbine Engine sales in 2024, providing a comprehensive analysis by region and market sector of projected Gas Turbine Engine sales for 2025 through 2031. With Gas Turbine Engine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gas Turbine Engine industry.
This Insight Report provides a comprehensive analysis of the global Gas Turbine Engine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gas Turbine Engine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Gas Turbine Engine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gas Turbine Engine and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gas Turbine Engine.
This report presents a comprehensive overview, market shares, and growth opportunities of Gas Turbine Engine market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Turbojet Engine
Turbofan Engine
Turbo Propeller
Turbine Shaft Engine
Segmentation by Application:
Large Aircraft
Small Gas Turbine
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
GE
Rolls-Royce
Zorya-Mashproekt
Pratt & Whitney
Daihatsu Diesel
Deutz
GMT
IHI Corporation Ltd.
Jason Engineering
Scania
SIA Rigas Dizelis
STX Engine
Key Questions Addressed in this Report
What is the 10-year outlook for the global Gas Turbine Engine market?
What factors are driving Gas Turbine Engine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Gas Turbine Engine market opportunities vary by end market size?
How does Gas Turbine Engine break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Power Generation: In the power generation sector, there has been a growing emphasis on energy efficiency and reducing greenhouse gas emissions. Gas turbine engines, particularly combined cycle power plants that integrate gas turbines with steam turbines, have been favored for their ability to produce electricity efficiently and with lower emissions compared to some other power generation technologies, especially coal-fired power plants. The global transition toward cleaner energy sources and stricter environmental regulations has driven the demand for gas turbine-based power generation.
Aviation: The aviation industry has been focusing on fuel efficiency and emissions reduction as a response to both environmental concerns and the need to lower operational costs. Gas turbine engines used in commercial and military aircraft have undergone continuous technological advancements to improve fuel efficiency and reduce emissions, driving the demand for newer, more efficient engine models.
LP Information, Inc. (LPI) ' newest research report, the “Gas Turbine Engine Industry Forecast” looks at past sales and reviews total world Gas Turbine Engine sales in 2024, providing a comprehensive analysis by region and market sector of projected Gas Turbine Engine sales for 2025 through 2031. With Gas Turbine Engine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gas Turbine Engine industry.
This Insight Report provides a comprehensive analysis of the global Gas Turbine Engine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gas Turbine Engine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Gas Turbine Engine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gas Turbine Engine and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gas Turbine Engine.
This report presents a comprehensive overview, market shares, and growth opportunities of Gas Turbine Engine market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Turbojet Engine
Turbofan Engine
Turbo Propeller
Turbine Shaft Engine
Segmentation by Application:
Large Aircraft
Small Gas Turbine
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
GE
Rolls-Royce
Zorya-Mashproekt
Pratt & Whitney
Daihatsu Diesel
Deutz
GMT
IHI Corporation Ltd.
Jason Engineering
Scania
SIA Rigas Dizelis
STX Engine
Key Questions Addressed in this Report
What is the 10-year outlook for the global Gas Turbine Engine market?
What factors are driving Gas Turbine Engine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Gas Turbine Engine market opportunities vary by end market size?
How does Gas Turbine Engine break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
120 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Gas Turbine Engine by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Gas Turbine Engine by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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